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Q1 Earnings Season Kicking into High Gear: GOOGL, MSFT, SLB, SBUX and SKX

After the bell Thursday, Q1 earnings season has accelerated to a pace we should all get used to for the next three weeks or so. Major companies like Google parent Alphabet (GOOGL), Microsoft (MSFT), Schlumberger (SLB), Starbucks (SBUX) and Skechers (SKX) are among those companies posting results after the bell. In some cases, even putting up better-than-expected sales numbers has still resulted in a late-trading sell-off.

Let's start with both Alphabet and Microsoft -- both of which posted higher revenues than expected and brought admirable year-over-year growth. Yet earnings misses are likely generating plenty of questions in the companies' conference calls going on at this hour: GOOGL and MSFT Shares Fall After Earnings Misses

Oil & gas major Schlumberger reported better-than-expected earnings even though revenue growth for the year fell 36.6 percent. Revenues missed expectations slightly for its Q1. Schlumberger had been carrying a Zacks Rank #3 (Hold) with a VGM score of D: Schlumberger (SLB) Beats Q1 Earnings Estimates, Revenues Fall 36.6% Year Over Year

Everyone's local coffee shop Starbucks posted in-line earnings for its fiscal Q2 results, but missed its sales expectation for the quarter. Shares are down in late-day trading: Starbucks (SBUX) Stock Slumps on Q2 Revenues Miss, Earnings Inline

Finally, footwear retailer Skechers reverses today's late earnings report trend by posting big beats on both top and bottom lines. As a result, late traders rewarded SKX stock following a 2.6 percent gain in regular Thursday trading: Skechers (SKX) Stock Gains on Record Q1 Earnings and Revenue Results

Keep your browser dialed into Zacks.com for all your Q1 earnings-related needs going forward.
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